Small Business Grants Up To $100,000 Each Available For Small Companies Developing New Technology

Applications are now being accepted for The National Institute of Standards and Technology (NIST) annual grant contest. Who qualifies? Small businesses in manufacturing, cyber-physical systems and cryptography.

Qualifying businesses

Qualifying businesses may choose several Federal Funding Opportunity (FFO) areas, including cyber physical systems, advanced sensing for manufacturing, biomanufacturing, cryptography, lab-to-market projects, and quantum-based sensors and measurements. The National Institute of Standards and Technology (NIST) Small Business Innovation Research (SBIR) program encourages domestic small businesses to engage in federally funded R&D opportunities that have the potential for commercialization.

Deadline

The “Phase I” FFO will close on April 14, 2016. Start-ups or growing businesses are encouraged to apply; even one-person businesses may apply for a grant. Priority will be given to projects with energy efficient or renewable energy systems, and manufacturing-related projects.

SBIR was established in 1982 and requires federal agencies with research and development budgets over $100 million to allocate 2.8 percent of that amount to fund small businesses.

To read more, visit fedscoop.com/nist-opens-annual-grant-application-for-small-business